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Old 03-29-2021, 09:10 PM   #23
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Join Date: Sep 2008

Originally Posted by V View Post
Yeah, itís been every month auto payment. My daughter turns 17 this summer and I think thatís when the payments stop.

I smartened up with my other kids and opened up self directed plans with Qtrade. Hopefully everything works out okay with this one. Iím also reading itís pretty tough to get money out of CST when itís time to collect, so I guess I have that fight to look forward to.
My parents did the similar CST plan for me as a kid, then added a self-directed RESP with their bank later. The CST one was a bit more work to get the money out, but not dramatically so. They paid up without arguing. It was a pretty poor return over all, but that was the deal.

Granted that was >15 years ago...
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